Monday, June 29, 2015

The World this week..(Week of June 22nd)

1.     LOT Polish Airlines cancelled 10 flights and delayed 12 others last Sunday, saying its ground computer systems had been attacked. The attack kept the airline from creating flight plans for outbound planes, effectively grounding around 1,400 passengers at Warsaw Chopin Airport. Concerns about airline safety and cybersecurity continue to arise. Earlier this year, the FBI contended that cybersecurity researcher Chris Roberts caused an airplane's engine to climb after hacking its software. Roberts wasn't charged, but United Airlines banned him from its flights.

2.       Financial services firms are hit by security incidents a staggering 300 percent more frequently than businesses in other industries, with attack patterns changing frequently to outfox banking security measures, according to '2015 Industry Drill Down Report'.

3.       The report went on to say that due to the tremendous value at stake from compromising hosts in financial services, criminals spend a tremendous amount of time on the reconnaissance, profiling victims and crafting lure emails. Researchers noted that most of the attacks had some data and credential-stealing elements. Financial services ranks third for targeted Typosquatting.

4.       The report concludes by saying that Business Reasons and a meager sense of false security provided by Cybersecurity Insurance - may be hindering logical security precautions & real security adoption in Financial Services.

5.       Adobe Flash player zero-day abused in the Wild (CVE-2015-3113). Websense customers are protected against this threat via real-time analytics within ACE. Adobe has now issued an emergency fix for this critical security flaw.

6.       After the OPM Hack, which lead to millions of federal employees personnel records being stolen, the OPM informed employees of a credit and identity protection plan for them. These notices were quickly duplicated by a hacker and used to send phishing e-mails. It's now understood that the personal data of 18 million current, former, and prospective federal employees was stolen in the attack.

7.       Times of India reported on Thursday:With countries across the world investing in cyber militarization, the threat of catastrophic computer hacks only gets bigger.  A look at some scary computer hacking possibilities: 

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